Author: Nghiinomenwa-vali Erastus
Namibia’s Banking Sector Concentrated and Uncompetitive – World Bank
By: Nghiinomenwa-vali Erastus An assessment by the World Bank in its FY25-29 Country Partnership Framework for Namibia has revealed that the country’s banking sector is heavily concentrated and uncompetitive. The report highlights that although Namibia’s major banks are…
Dam Levels Slowly Improving, But Hardap Remains Closed to Farmers
By: Nghiinomenwa-vali Erastus Several dams across the country have recorded positive water inflows, with critical reservoirs such as the Von Bach and Hardap dams showing improvements over the past two weeks. This is according to updates issued by…
Mutambo Maowe Quarantine Farm To Be Renovated
By: Nghiinomenwa-vali Erastus The Ministry of Agriculture, Water and Land Reform says it will renovate and upgrade the Mutambo Maowe quarantine facilities next year. This was revealed by the Ministry’s executive director Ndiyakupi Nghituwamata who visited key agricultural facilities…
Opuwo Slaughterhouse Set for Major Upgraded
By: Nghiinomenwa-vali Erastus The existing Opuwo slaughterhouse is set to undergo renovation to upgrade it to a fully fledged abattoir. This will enable farmers in the Kunene Region to slaughter cattle and small stock locally. The executive director of…
Second Lowest Pork Imports Recorded in October
By: Nghiinomenwa-vali Eratus Namibia recorded its second-lowest pork imports of the year in October 2024, with only 35,734 kilograms of pork products brought into the country. This significant reduction has been attributed to an increase in local pork…
Daures Green Hydrogen Pilot Project Nears Completion
By: Nghiinomenwa-vali Eratus The Daures green hydrogen pilot project is over 95% complete, according to Jerome Namaseb, the project’s chief executive officer. The initiative aims not only to be Africa’s first 100% Net Zero green community but also…
CRAN Can Enhance Green Hydrogen Landscape
By: Nghiinomenwa-vali Erastus The Communications Regulatory Authority of Namibia (CRAN) has expressed its readiness to support Namibia’s green hydrogen (GH2) ambitions by creating a regulatory framework that fosters investment, innovation, and collaboration with other government entities. According to…
Khomas Residents Top the List of Loan Defaulters
By: Nghiinomenwa-vali Erastus As of September 2024, 42.9% of non-performing loans (loans unpaid for over three months) in Namibia were held by individuals, according to data from the Bank of Namibia. Non-performing loans (NPLs) currently stand at 5.9%,…
Kunene Gets 66th 4G Broadband Tower
By: Nghiinomenwa-vali Erastus One of Namibia’s least connected regions, the Kunene, has received its 66th network tower, equipped with 2G/GSM for voice and 4G/LTE for mobile broadband services. Mobile Telecommunications Limited (MTC) commissioned the new broadband tower in…
N$37.2 Million Spent on Live Chick Imports to Date…a market for a commercial hatchery exists
By: Nghiinomenwa-Vali Erastus Namibia spent N$37.2 million importing live chicks over the 12 months ending October 2024, according to the Namibia Statistics Agency’s (NSA) monthly trade statistics. On average, the country has spent N$2.9 million per month on…